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£0 £1000000

Multi-Facet Tea Deli Business

York, North Yorkshire

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£49,500

Ref: 13784 A

Leasehold

Overview

Hilton Smythe welcomes to the market the lovely café/ sandwich shop known as The Village Deli situated in Osbaldwick in York. The business caters for 14 covers inside and 4 covers outside. It also has a vibrant takeaway trade. Its dishes include breakfasts, soups, delicious sandwiches and wraps, paninis, specials, jacket potatoes, toasties, burgers and cakes.d Hot and cold drinks are also served. It also caters for outside catering, buffets and deliveries. Every month Sunday lunches and Saturday curry nights are held. The products are all fresh and homemade using Yorkshire ingredients wherever possible.The owners make on site their own recipes of Scotch eggs, sausage rolls, steak and chicken pies, quiches and flans, lamb and chicken samosas and corned beef pasties. The business has a 5* rating on TripAdvisor and a 5* Food hygiene rating. The owners have increased sales dramatically during their 3 years of ownership but are now looking to retire. It is believed further growth can be achieved by advertising, online sales, longer opening hours and Sunday opening. Please feel free to refer to the attractive web site www.osbaldwick-deli.com. We are advised there is no competition in the area and there are 2 schools nearby which let out their pupils after the business closes.

Turnover
We are advised that turnover is approximately £120,000 per annum with a gross profit of up to 60% and an adjusted net profit in the region of £45,000 pa. The business is presently exempt from business rates. The business carries about £2,000 of stock.

4 part time staff plus casuals.We are advised that the wage bill averages about £2,000 per month.

Monday to Friday: 8am – 3pm Saturday: 9am – 2pm Sunday: closed

The Village Deli is a superb café and sandwich shop situate at the end of a modern parade of shops with free communal car parking to the front. The Village Deli Osbaldwick Ltd is situated in the lovely residential suburb of Osbaldwick on the outskirts of the historic city of York on a busy through road.

The brick built premises are on the ground floor only with privately rented flats above. There is a large communal car park to the front with further free on street parking available. There are 4 outside covers at the front. The modern frontage opens to an excellent, highly maintained, refurbished, spotlessly clean and well decorated café with covers for 14 diners plus takeaways. The spacious serving area is behind 2 deli display units and a sales counter. There is a large modern, fully fitted kitchen to the rear. The owners have recently installed a brand-new oven. To the side of the kitchen is a stock room with toilet to the rear. The rear door leads to a lawned area used by the flat above but providing access to a storage shed used by the business at the end of the garden. A full inventory of fixtures, fittings and equipment will be provided by the owners. We are advised that the assets are worth in the region of £20,000.

Tenure
We are advised that the premises are held under a Lease of which 4 years remains with a rent of £6,000 per annum.

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